Offshore drilling

Noble Corporation plc Provides Fleet Contract Status Update

Retrieved on: 
Wednesday, November 4, 2020

SUGAR LAND,Texas, Nov. 4, 2020 /PRNewswire/ --Noble Corporation plc (OTC-PINK: NEBLQ, the Company) today announced that its report of drilling rig status and contract information has been updated as of November 4, 2020.

Key Points: 
  • SUGAR LAND,Texas, Nov. 4, 2020 /PRNewswire/ --Noble Corporation plc (OTC-PINK: NEBLQ, the Company) today announced that its report of drilling rig status and contract information has been updated as of November 4, 2020.
  • The report, titled "Fleet Status Report," can be found on the Company's Website www.noblecorp.com , under the "Investor Relations" section of the Website.
  • Noble is a leading offshore drilling contractor for the oil and gas industry.
  • The Company owns and operates one of the most modern, versatile and technically advanced fleets in the offshore drilling industry.

Global Offshore Drilling Rigs Market (2020 to 2024) - Featuring Archer, Nabors Industries and Valaris Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 3, 2020

The author has been monitoring the offshore drilling rigs market and it is poised to grow by $ 3.92 billion during 2020-2024 progressing at a CAGR of 4% during the forecast period.

Key Points: 
  • The author has been monitoring the offshore drilling rigs market and it is poised to grow by $ 3.92 billion during 2020-2024 progressing at a CAGR of 4% during the forecast period.
  • The reports on offshore drilling rigs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The offshore drilling rigs market analysis includes type segment and geographic landscapes.
  • This study identifies the high potential of offshore marginal fields as one of the prime reasons driving the offshore drilling rigs market growth during the next few years.

Vantage Drilling International Schedules Third Quarter 2020 Earnings Release Date and Conference Call

Retrieved on: 
Monday, November 2, 2020

HOUSTON, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time on November 16, 2020 to discuss operating results for the third quarter of 2020.Vantage will release earnings before the market opens on November 16, 2020.Vantage's earnings release will be posted to the Vantage website at www.vantagedrilling.com .

Key Points: 
  • HOUSTON, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time on November 16, 2020 to discuss operating results for the third quarter of 2020.Vantage will release earnings before the market opens on November 16, 2020.Vantage's earnings release will be posted to the Vantage website at www.vantagedrilling.com .
  • To access the conference call, Click to Join and enter your information to be connected.
  • Vantage, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of three ultra-deepwater drillships and five premium jackup drilling rigs.
  • Vantage also provides construction supervision services for, and will operate and manage, drilling units owned by others.

Transocean Ltd. Provides Quarterly Fleet Status Report

Retrieved on: 
Wednesday, October 14, 2020

STEINHAUSEN, Switzerland, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the companys fleet of offshore drilling rigs.

Key Points: 
  • STEINHAUSEN, Switzerland, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the companys fleet of offshore drilling rigs.
  • Transocean is a leading international provider of offshore contract drilling services for oil and gas wells.
  • Transocean owns or has partial ownership interests in, and operates a fleet of 38 mobile offshore drilling units consisting of 27 ultra-deepwater floaters and 11 harsh environment floaters.
  • Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of Transocean.

ExxonMobil to Proceed with Payara Development Offshore Guyana

Retrieved on: 
Wednesday, September 30, 2020

ExxonMobil (NYSE:XOM) has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals.

Key Points: 
  • ExxonMobil (NYSE:XOM) has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals.
  • ExxonMobil is committed to building on the capabilities from our Liza Phase 1 and 2 offshore oil developments as we sanction the Payara field and responsibly develop Guyanas natural resources, said Liam Mallon, president of ExxonMobil Upstream Oil & Gas Company.
  • ExxonMobils first offshore Guyana project, Liza Phase 1, began producing in late 2019, well ahead of the industry average for development time.
  • ExxonMobil is evaluating additional development opportunities in the Stabroek Block, including Redtail, Yellowtail, Mako and Uaru resources, and plans to have five drillships operating offshore Guyana by the end of this year.

Offshore Drilling Rigs Market- Roadmap for Recovery from COVID-19|Increase In Deepwater And Ultra-deepwater Drilling Activities to boost the Market Growth | Technavio

Retrieved on: 
Thursday, September 17, 2020

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • High potential of offshore marginal fields is a major trend driving the growth of the market.
  • The increase in deepwater and ultra-deepwater drilling activities is one of the major factors driving the market.
  • Offshore Drilling Rigs Market 2020-2024: Segmentation
    Offshore Drilling Rigs Market is segmented as below:

Noble Corporation plc Provides Fleet Contract Status Update

Retrieved on: 
Tuesday, September 8, 2020

LONDON, Sept. 8, 2020 /PRNewswire/ --Noble Corporation plc (OTC-PINK: NEBLQ, the Company) today announced that its report of drilling rig status and contract information has been updated as of September 8, 2020.

Key Points: 
  • LONDON, Sept. 8, 2020 /PRNewswire/ --Noble Corporation plc (OTC-PINK: NEBLQ, the Company) today announced that its report of drilling rig status and contract information has been updated as of September 8, 2020.
  • The report, titled "Fleet Status Report," can be found on the Company's Website www.noblecorp.com , under the "Investor Relations" section of the Website.
  • Noble is a leading offshore drilling contractor for the oil and gas industry.
  • Noble performs, through its subsidiaries, contract drilling services with a fleet of 24 offshore drilling units, consisting of 12 drillships and semisubmersibles and 12 jackups, focused largely on ultra-deepwater and high-specification jackup drilling opportunities in both established and emerging regions worldwide.

Valaris plc Receives NYSE Notice of Immediate Suspension of Trading and Delisting of Valaris Common Stock

Retrieved on: 
Tuesday, August 25, 2020

LONDON, Aug. 25, 2020 /PRNewswire/ --Valaris plc (NYSE: VAL) ("Valaris" or the "Company") announced today that on August 19, 2020 it was notified by the New York Stock Exchange ("NYSE") of its determination to indefinitely suspend trading of the Company's common stock and to commence proceedings to delist the Company's common stock from the NYSE.

Key Points: 
  • LONDON, Aug. 25, 2020 /PRNewswire/ --Valaris plc (NYSE: VAL) ("Valaris" or the "Company") announced today that on August 19, 2020 it was notified by the New York Stock Exchange ("NYSE") of its determination to indefinitely suspend trading of the Company's common stock and to commence proceedings to delist the Company's common stock from the NYSE.
  • This suspension and delisting by the NYSE is in accordance with Section 802.01D of the NYSE Listed Company Manual due to the Company's voluntary filing for reorganization under Chapter 11 of the Bankruptcy Code on August 19, 2020.
  • Valaris plc (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies.
  • Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles, and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin.

Scientific Drilling International Names Pamela S. Pierce as CEO and President

Retrieved on: 
Thursday, August 6, 2020

HOUSTON, Aug. 6, 2020 /PRNewswire/ -- Scientific Drilling International (SDI) today announced that the company has named Pamela S. Pierce as its Chief Executive Officer and President effective July 31, 2020, a position she has held on an interim basis since May 2020.

Key Points: 
  • HOUSTON, Aug. 6, 2020 /PRNewswire/ -- Scientific Drilling International (SDI) today announced that the company has named Pamela S. Pierce as its Chief Executive Officer and President effective July 31, 2020, a position she has held on an interim basis since May 2020.
  • She started her career as an offshore drilling engineer with ARCO and served in numerous drilling and production positions of increasing responsibility.
  • Scientific Drilling International is the largest independent service provider of global high accuracy wellbore navigation and directional drilling services.
  • To learn more about Scientific Drilling, please visit www.scientificdrilling.com and connect with us on LinkedIn, Facebook, Twitter and YouTube.

Vantage Drilling International Reports Second Quarter Results for 2020

Retrieved on: 
Thursday, August 6, 2020

As of June 30, 2020, Vantage had approximately $188.4 million in cash, including $13.1 million of restricted cash, compared to $242.9 million in cash, including $11.0 million of restricted cash at December 31, 2019.

Key Points: 
  • As of June 30, 2020, Vantage had approximately $188.4 million in cash, including $13.1 million of restricted cash, compared to $242.9 million in cash, including $11.0 million of restricted cash at December 31, 2019.
  • Vantage, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of three ultra-deepwater drillships and five premium jackup drilling rigs.
  • Vantage also provides construction supervision services and preservation management services for, and will operate and manage, drilling units owned by others.
  • As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements.